6 years ago
The FCC just repealed a 42-year-old rule blocking broadcast media mergers
Federal regulators rolled back decades-old rules on Thursday, making it far easier for media outlets to be bought and sold — potentially leading to more newspapers, radio stations and television broadcasters being owned by a handful of companies. The regulations, eliminated in a 3-to-2 vote by the Federal Communications Commission, were first put in place in the 1970s to ensure that a diversity of voices and opinions could be...
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